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Labor markets during pandemics

Author

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  • Kapička, Marek
  • Rupert, Peter

Abstract

The COVID-19 pandemic has killed millions across the globe and government responses have led to tens of millions of jobs lost. This paper combines the SIR epidemic model with a frictional labor market to examine the interaction between infection, wages and unemployment.

Suggested Citation

  • Kapička, Marek & Rupert, Peter, 2022. "Labor markets during pandemics," Journal of Economic Theory, Elsevier, vol. 204(C).
    • Handle: RePEc:eee:jetheo:v:204:y:2022:i:c:s0022053122001107
    DOI: 10.1016/j.jet.2022.105520
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    References listed on IDEAS

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    Cited by:

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    2. Kuok Kei Law & Youngjae Koh, 2023. "What Is Next? The Longer-Term Managerial Challenges following COVID-19," Sustainability, MDPI, vol. 15(18), pages 1-15, September.
    3. Seržantė Milena & Pakalka Algimantas, 2022. "Assessment of the Impact of COVID-19 Pandemic on the Service Sector in Lithuania," Economics and Culture, Sciendo, vol. 19(2), pages 57-69, December.
    4. Giagheddu, Marta & Papetti, Andrea, 2023. "The macroeconomics of age-varying epidemics," European Economic Review, Elsevier, vol. 151(C).
    5. Platonov, Konstantin, 2025. "Post-pandemic recovery: Search and matching, market power, and endogenous labor demand," Economic Modelling, Elsevier, vol. 151(C).
    6. Bryce Morsky & Tyler Meadows & Felicia Magpantay & Troy Day, 2025. "The gig economy during an epidemic: coupling disease transmission with labour market dynamics," Papers 2508.18377, arXiv.org.
    7. Zhang, Yijiong & Zhu, Yanli & Chen, Ying & Han, Xiaoyi, 2025. "Policy impact on the global COVID-19 pandemic and unemployment outcomes: A large-scale mixed frequency spatial approach," Economic Modelling, Elsevier, vol. 151(C).
    8. Kang, Haijun & Chi, Shangping & Wang, Xiuzhong & Li, Zhuoran, 2025. "How does the toxic and sustainable index influence on corporate performance? A comparison analysis before and after pandemic," International Review of Economics & Finance, Elsevier, vol. 100(C).
    9. Birinci, Serdar & Mercan, Yusuf & See, Kurt, 2025. "Mismatch unemployment during COVID-19 and the post-pandemic labor shortages," Journal of Economic Dynamics and Control, Elsevier, vol. 178(C).
    10. Jackson, Paul & Ortego-Marti, Victor, 2024. "Skill loss during unemployment and the scarring effects of the COVID-19 pandemic," Labour Economics, Elsevier, vol. 88(C).
    11. Chen, Ze & Li, Hong & Mao, Yu & Zhou, Kenneth Q., 2025. "Learning from COVID-19: A catastrophe mortality bond solution in the post-pandemic era," Insurance: Mathematics and Economics, Elsevier, vol. 123(C).
    12. Guzel Salimova & Alisa Ableeva & Rasul Gusmanov & Gulnara Nigmatullina & Tatyana Lubova, 2024. "Multidimensional Assessment of the Labour Market in the Regions of the Russian Federation," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 67(2), pages 547-569, June.
    13. Brotherhood, Luiz & Jerbashian, Vahagn, 2023. "Firm behavior during an epidemic," Journal of Economic Dynamics and Control, Elsevier, vol. 147(C).

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    JEL classification:

    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining

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